I am owed $200,000 to be paid in common stock

Jan 11th, 2015

FratBro23

Category:

Algebra

Price: $10 USD

Question description

I'm owed $200,000, to be paid in stock valued @ $34/share (588,235 shares). However, the company bi laws require shares be issued @ $.50/share. How many additional would need to be issued to me in order to receive the same stock value @ $.34?